Fasi was founded in 1977 as a trade union initiative, and in 1982 became an entity operating under the joint management of Confindustria and Federmanager.
In all these years of operations it has demonstrated its worth as a model of supplementary healthcare for industrial managers, with the ability to adapt to its members’ evolving needs for social healthcare services.
The Fund therefore provides voluntarily enrolled company managers, from the moment of their appointment, with services to supplement the care provided by the Italian National Health Service.
Fasi cover is also extended to the family unit of members, i.e. to their spouses or cohabiting partners, children and direct ascendants, as provided for in the Fund’s Statute. Membership of the Fund is also maintained after retirement, in keeping with an approach of mutuality and intergenerational solidarity.
In 2009, inspired by the guiding principles of Fasi, the social partners established FasiOpen as a response to the growing need of industrial companies to protect homogeneous groups of non-managerial workers.
Over the years the Fund has shown a capacity for self-renewal, proactively adapting to changes and constantly focusing its mission on the needs of its clients and the quest for medium-term and long-term sustainability. With this in mind, and in order to implement the provisions of the National Collective Bargaining Agreement for Industrial managers, the protections provided were broadened: initially to cover involuntarily unemployed managers with the establishment, in 2006, of GSR-Fasi (which became GS-Fasi in 2014); and then with the creation of a separate management unit to channel resources for the provision of services to vulnerable, non self-sufficient people through Fasi Non Self-Sufficiency.