The Healthy Mothers, Healthy Babies Act of 2026 directs the U.S. government to scale up global access to multiple micronutrient supplement prenatal vitamins and other cost-effective maternal and child health interventions in developing countries. The bill authorizes up to $150 million annually from fiscal years 2026 through 2030 for this initiative, focusing on countries with high rates of maternal and child malnutrition and strong political commitment to maternal health programs. According to the bill's findings, providing these $4 prenatal vitamins to 260 million women who currently lack access could save 600,000 lives and prevent anemia in 15 million pregnant women over five years. The legislation requires the relevant foreign assistance agency to select priority countries, report annually on progress for five years, and establish a comprehensive five-year maternal and child health strategy with specific coverage targets for life-saving interventions like immunizations, skilled birth attendance, and treatment for childhood diseases.