Can you explain the actual value the additional $190.99 gives me? Why isn't the individual plan also $49. Just answer the question?

The lower price is for the pay-as-you-go plan, which is usage-based at $0.06/minute with no recurring fee. The higher fixed price buys unlimited use per virtual device, predictable monthly cost, and priority technical assistance. See the pricing and plan differences on Genymotion in the Cloud and Pricing.

Pay-as-you-go is meant for occasional or unpredictable usage. Unlimited is meant for teams that want 24/7 access without per-minute charges, which is why it costs more than the usage-based option. The individual plan is not $49 because it is billed by actual consumption, not as a flat subscription.