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In this paper, I attempt to summarize some key portions of the literature on the effects that national health insurance has on economic growth, specifically involving the variable of life expectancy. In order to do this, I first looked at a theoretical explanation for the connection between NHI (National Health Insurance) models and economic development; following that, I looked at the direct empirical trends between the implemention of national health insurance policy and economic development; finally, I looked at the implementability of such a policy in India.