Do I have to buy a new version of Photoshop Elements (have Elements 10) just to upload RAW files from my new Olympus E-M10?

I have Photoshop Elements 10.  It appears that I need a plugin to upload RAW files and the plugin necessary for my new Olympus E-M10 is not compatible with version 10.  Am I getting this right?  Do I have to buy a new version of Photoshop Elements just to upload RAW files from my new Olympus E-M10?  Otherwise, what I have is all that I need.

Which operating system are you using?
If your using mac os x 10.6 (snow leopard) or windows xp or vista, then the below solution will not work and you shouldn't try to install the dng converter 8.5
You could use the free Adobe DNG Converter to convert your files to dng copies which should then open in pse 10.
windows:
Adobe - Adobe Camera Raw and DNG Converter : For Windows : Adobe DNG Converter 8.5
mac:
Adobe - Adobe Camera Raw and DNG Converter : For Macintosh : Adobe DNG Converter 8.5
how to use the dng converter
Camera Raw: How to use Adobe DNG Converter - YouTube

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