It may be flawed to look at the impact of covid pandemic solely in the terms of flu/covid deaths impacts as there are other medical conditions that have been very much untreated during this pandemic eg cancer treatments, increases in dementia etc. which may lead to excess/premature deaths now and in the coming years that are all outside of any stats correlation.
We have yet to understand what are the long term health impacts on those that have survived the Covid infection but may carry health problems into the future........the true cost of the pandemic has yet to be understood and quantified and will materialise in the detrimental impact on public physical and mental health going forward......IMHO the whole picture has yet to be drawn of the impact of Covid.