Imagine COVID-19 mutated and become 100% fatal. Same symptoms, same airborne contagiousness, same rate of spreading, except it always gets to the lung and destroying them with zero chance of recovery. Hospitals would be overburden since every case of the disease destroys the lungs and requires hospitalization. But breathing machines would be useless they just buys couple weeks of miserable existence being attached to those machines with zero chance of recovery.
Eventually healthcare system collapses completely because doctors would be dying and quitting en masse since everyone succumbs to the disease regardless of their efforts. The smell of death is inside most of the houses because most of the families are dying inside their flats since there are no functional hospitals anymore and not enough cleaning teams to deal with the rotting bodies inside the flats. At this point government realizes there would be no "herd immunity" every single person will just die so it implements way more strict quarantine measures than you can imagine. It kinda slows the virus down. However, in such strict quarantine the economy cannot function as usual. Either people would just run out of stuff and die from starvation or from the disease if quarantine measures slightly relaxed.
In such situation I see two scenarios. First, electricity is no longer produced and grid is no longer maintained, water and natural gas are no longer pumped into the houses, there is no food, society completely collapses and in this chaos disease kills everyone except few who managed to escape to private islands or locked inside secret vaults. In second scenario I see government managed to establish totalitarian super surveillance state and total control over all its citizens movements and contacts where commanded economy is implemented.