Even if you put a close tolerance bushing on the body of the nutsert that went up to the expanded shoulder, you are still hanging the heat shield against the crimp ONLY that is formed when you set the nutsert. In other words, if you load the head shield screw at all, it will unset the nutsert and it will be loose.
The typical setting of a nutsert is the crimp only stops it from spinning and the fastener sets it tighter. You are doing the opposite. It is the same as letting one of your frame skid bolts get loose and then smacking it on a rock. That unsets the nutsert which is why we say to try and tighten first in hopes that it may reset, get tighter and then let the bolt back out.
There is an air gap, formed by both the heat shield shape and dimples downward in the floor.