You forgot to mention, Personal income of at least $80,000 USD at time of application, Investment of at least $250,000 in Thai government bonds, foreign direct investment, or Thai property. Yes, this is the Pensioner version of the Thai LTR but the Elite has no such requirement.
With Thai Elite Visa, you don't have to maintain a bank balance of 800K BHT, no insurance requirement, no minimum age, come and go as you please and, Thai Elite does your 90 day reporting for you. 900K Baht, one-time payment.
Thai Privilege Card (aka Elite Visa) is 900,000 THB which is roughly $25,000 US for a 5 year stay. Pass a criminal background check and not having filed for bankruptcy are the most important criteria