50% of Corona cases in Italy have not required hospitalization. For the young and healthy the symptoms are usually minor or unnoticed.
https://www.scientificamerican.com/article/why-deaths-from-coronavirus-are-so-high-in-italy/
Almost 1/4 of the Italian population is over 65 and that is the group getting hammered here. They were slow to react and their vaunted socialized medicine was not adaptable enough once they realized that they had a real problem.