No.
What you can trust is that they are seriously under-counting all adverse events.
Be aware of using the fallacy of the "Third Person Effect" (also, "Wise up!" and "They're All Liars" fallacies): An example of the fallacy of Deliberate Ignorance, the arch-cynical postmodern fallacy of deliberately discounting or ignoring media information a priori, opting to remain in ignorance rather than "listening to the lies" of the mainstream media, the President, the "medical establishment," professionals, professors, doctors and the "academic elite" or other authorities or information sources, even about urgent subjects (e.g., the need for vaccinations) on which these sources are otherwise publicly considered to be generally reliable or relatively trustworthy.
Anf, I believe, over counting the actual number of Covid-19 cases that require hospitalization.