By the same arc do you mean a character overcoming an emotionally difficult moment in their life? While that's true, it's also true for hundreds of other stories.
Of course it uses the same premise, that's the point of this story being told as an "inside out" film.
I feel that it should be judged on how well it can help the audience emphasize with the characters (not the emotion characters, but the human girl) and the trials that they are going through while also being entertaining, educational, or thought-provoking. In this regard I think it did a pretty good job of showing how tough puberty can be. As a parent of a kid about to hit puberty, I think it did an excellent job of discussing these issues.