The problem is that the number of people who need intensive care is quite high (10-20%) if good health care can be provided to them the mortality stays low, however, if the hospitals are overrun a lot of people would not get it and could potentially die (yes even younger people). And trust me no health care can survive a 300% spike in people needing ICU. So it is not that harmless.
It is really funny, everyone here seems to understand that stress at work is bad, and everyone is afraid of getting ill and costs of healthcare. But as soon as someone suggests a similar model that we have here in Europe(government-provided health care, more worker rights, more holidays), everybody loses their mind. People you are sacrificing your health for the owners of the company you are working for, and maybe some top managers.