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How much is just a spurious correlation of wealthy countries are A) listed as better prepared and B) have older populations?

Need to get an age adjusted excess mortality rate for comparison. The age effects are way too non-linear for a straight comparison to be meaningful.

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Yes, agreed. Multiple comments along these lines ... but have a look at just the (perceived to be) best prepared countries: https://twitter.com/RogerPielkeJr/status/1569631903573250048?s=20&t=kzo3UMFL9WQwU07am1KsnQ

Perhaps the index doesn't work as designed, which is another possibility

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