That means many things that might not be lethal if treated quickly and with the best care, for example injuries from a car accident or a heart attack, are now entering a stressed health care system and likely have worse expected outcomes.
Then, all the folks who would normally be secondary concerns and receiving preventative care are now most likely not receiving that care. It's less likely that these develop into death, but could easily turn into serious health complications.
It's important to remember that it's not just covid-19 we're dealing with. It's covid-19 plus all the stuff we'd normally be taking care of. We'll be unwinding this ball of yarn for a long time after addressing the virus itself.