Why Does Coronavirus Reporting Omit Serious Cases?

As a modest observer and no expert, I wonder why publicized coronavirus statistics rarely include serious cases—those that require hospitalization—in comparison to the overall number of reported cases. Hospitalization numbers would more clearly communicate the relative number of serious cases. How serious is the pandemic?

From the CDC website, June 11, 2020:

Cumulative COVID-19-associated hospitalization rates since March 1, 2020, are updated weekly. The overall cumulative COVID-19 hospitalization rate is 82.0 per 100,000, with the highest rates in people aged 65 years and older (254.7 per 100,000) and 50-64 years (126.2 per 100,000).

This means that serious cases, those requiring hospitalization have an overall rate of 0.082%, or one in over 1200 known cases. Known cases may be underreported by 50 times according to a Stanford University study. Thus, serious cases may occur at a rate of only one in over 60,000 cases overall. 

Is this sufficient cause to destroy the American economy, liberty, and historic American institutions?

—ed.

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