I don't feel ripped off as I use Elements already many years, actually from the early beginnings when the product was still a freebee and noticed their marketing policy during all those years...
So I learned that Adobe has apparently a sales policy of each year bringing out a new version of the product touted with new features and giving a discount for upgrading which, if I'm not mistaken, is less than the purchase discount of the product without upgrading. I therefore upgrade only every 3 or 4 versions increments. So I purchased PSE 6, 9,13 and last year version 17 (a.k.a. PSE2019) only to find out later that year that suddenly the program stopped displaying HEIC and HEVC files.....
Had no other option than to fork out for another purchase of PSE2020, which, to be honest, is still much cheaper than to buy a monthly Adobe subscription for their professional products which have much to many wistles and bells for me.