Indeed, but the estimate of the proportion of cases that require hospitalisation is based on data from China, S Korea and the other countries that have carried out mass testing. And even in the unlikely event it is out by an order of magnitude, that would still mean that no more than 3% of the UK popoulation can have contracted COVID-19 to date. So at least 20 times more people would need to be infected to reach the 60% where herd immunity might be expected to slow the transmission rate, meaning 20 times more hospital admissions for the NHS to cope with.
Prof Neil Ferguson was on the R4 Today programme this morning and indicated that the government's exit strategy from lockdown is now mass testing combined with contact tracing and quarantine measures, as has successfully slowed the outbreaks in China, S Korea, Japan, Hong Kong, Taiwan and Singapore. This completes the slow motion policy U-turn from the herd immunity strategy that Prof Ferguson and the government's SAGE committee were advocating only a few weeks ago.
Prof Ferguson said his modelling now indicated that the full lockdown will have to remain in place until at least the end of May before some gradual easing might be considered. It seems to me that this is consistent with the timescale for manufacture and commissioning of additional ventilators, and training of new staff, to enable the new field hospitals to handle an increased flow of critically ill patients.