Oak sage ? or lycanthropy , quick question?

[Samka]

If you only care about your life total, they're equivalent (+5% per point after the first).

But if you only cared about your life total, wouldn't you do 50/50 for the two? Since Oak Sage multiplies the bonus from Lycanthropy.

Say each had a 50% bonus to life - then you'd have 225% life versus only 200% if you had 100% bonus in just one of the skills.

Or am I wrong here?