That's completely absurd! If I'm paying monthly for the service why aren't the games included? That'd be worth it, even if it were a bit more than $10 a month.
The equivalent then would be Xbox One X + Xbox Live Gold + Xbox Game Pass. That works out to be $13.88 ($500 console/3 years) + $5 + $10 = $28.88 / month. If you want EA games, that's an additional $5/month to bring it to $33.88.
If you actually play the selection of games, sure. But if you only play one or two, it makes no sense. And on top of that, note that many popular games like Fortnite and Apex Legends are free-to-play anyway.
Essentially what they're counting on for game passes is that you overestimate the number of different paid games you're going to play.
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