With the number of the infected so high, I've given up looking at any kind of percentages or rates. It's useless now. It's the total number of hospitalization, total number of ICU admission now. These raw numbers are tied to the amount of resources that you have. You have a finite number of medicine, syringe needles, ventilators, etc. No matter how low the infection/death rates are, if you have millions of infected, hospitals will be overwhelmed, resources will be depleted.
You also cannot look at only the COVID-19 patients. You need to consider all ill people as a whole since they are fighting / competing for the same resources, such as hospital rooms, medical personnel, medicine, PPE, equipment, etc. With hospitals packed with COVID-19 patients, patients with ordinary illnesses can no longer get the same quality of treatment as before. Then you will see non-COVID deaths to go up like crazy. People may continue to tell you that these deaths have nothing to do with COVID-19, so ignore them? Well, we can't! Many of these non-COVID deaths can be saved under normal circumstances with plenty medicine and well-rested doctors/nurses. This is something I am worried about the most at this point. We need to reserve enough resources for, not only COVID patients, but also other ordinary illnesses. People still get heart attacks, strokes, and get into serious accidents and need to be saved.