Yes, that's the conclusion. You could quibble a bit and compare CAE hospitalizations instead, but they'd still exceed the expected 120-day COVID-19 hospitalizat

Yes, that's the conclusion. You could quibble a bit and compare CAE hospitalizations instead, but they'd still exceed the expected 120-day COVID-19 hospitalization rate. On the other hand, "expected" is based on past data, and their benchmark for "high" hospitalization risk is January 2021 in the US. Depending on how much higher the current wave will go, it might retrospectively turn out to be safer to have gotten vaccinated after all, even if you're a 12-year-old boy without comorbidities.