Sort of. It's important to point out that there are effects other than death. However, he's exaggerating like crazy, possibly by accident. Issue is that most of these complications happen to the same people. Young healthy people are nearly always fine. The virus is likely widespread in the military, and deaths/lasting impacts are minimal. Older, sicker, fatter people suffer an array of adverse consequences. In other words, the machine is highly biased depending on your circumstances. 1 in 100 is the worst case. Policy does not reflect this.