i think that you have health regen and a health buff just makes you tougher but if your health is low a medic can heal you instantly
The question is whether the health buff just puts people to 120% health automatically, and there is no lesser heal, or if there is a heal that gives 100% health, and then a boost that does 20% on top of that. Rev has actually played the game, so I'm bound to trust his reports more than speculation.
In that case, I would assume that the health buffs are just upgrades of the base heal skill, which would make sense. The other classes get upgrades for their basic skills - better turrets, faster hacking and planting, only place to improve healing would be to make it a buff.