The risk doubles every 7 years so it's going to be ~18x between generations, and much greater beyond that. Those who are old and have existing co-morbidities are really pushing the difference as severity of disease is strongly correlated with number and severity of co-morbidities.
Edit: ~18x, not ~30x. It's late here, I can't calculate 2 to the power of 4 without a calculator until I sleep, wake up, and have a strong coffee.
Realistically, re-infection is going to become more and more of a thing. Especially as it mutates.
Also, the current mortality rate overall in the USA for Covid is less than 0.1% - in fact it's less than 0.02%. 46M confirmed cases, and 751k deaths (not all confirmed to be caused by COVID)...
It floors me to see so many not internalizing what that means.
Firstly, even though I doubt your number a bit, even a 1/200 chance of death is mighty high enough for most people to seek treatment for something.
Secondly, if you're already infected, the pill is probably less risky than those 1/200.
Thirdly, the chance of death isn't equal for everyone. A healthy young person might have a 10x reduced risk, while an older person with an existing condition a 10x increased risk. So at least for one of them the new medicine is clearly worth trying.