Clause (i) shall not apply in the case of an individual who received medical assistance under a State plan of a State which had a State plan amendment approved as of May 14, 1993 , and which satisfies clause (iv), or which has a State plan amendment that provides for a qualified State long-term care insurance partnership (as defined in clause (iii)) which provided for the disregard of any assets or resources—
(I)#
to the extent that payments are made under a long-term care insurance policy; or
(II)#
because an individual has received (or is entitled to receive) benefits under a long-term care insurance policy.