You still need to take into account the compressability of the bubblewrap, the uvats formula you (and I) used is only for a single point in time and so not actually comparable, it will only show the Maximum G-force on the body.
Im seriously considering emailing a bubblewrap company to see what its compressability is so we can finish the question properly.
I think though that Daz's idea of 0.1 second could be about right, the problem is there are so many variables at the point of impact, could the bubblewrap not actually take the pressure and so slow the person down a bit then just hit the floor.
Using 0.1 seconds to stop and my terminal velocity (as yours is too high) I make a G-force of 40G, even more survivable than my previous estimate.